Robinhood, the trading app has suffered a security breach that has exposed details of more than 7 million people. Concerning this breach, we would like to share a quote/opinion by Mr. Sundar N Balasubramanian, Managing Director, Check Point Software Technologies, India & SAARC on what users can do to stay protected:
“ Robinhood Data Leak: What Users can do to Stay Protected :
• Change passwords immediately
• Enable two-factor authentication
• Watch out for suspicious emails
Socially engineered attacks are becoming more mainstream. In these cyber-attacks, hackers use human interactions to carry out their malicious activities, psychologically manipulating people into making security mistakes or giving away sensitive information. The information leaked here is sensitive and bad news for the Robinhood community. Malicious hackers can use the information leaked to carry out more attacks against the victims, like targeted phishing emails, as names and dates of birth can often be used to verify a person’s identity. We urge Robinhood users to change their passwords immediately, enable two-factor authentication, and watch out for any suspicious emails in their inboxes. According to our research, 95% of malicious files in India are delivered via email.”
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